Jean-Claude Juncker has said that a Brexit deal could be reached before the October 31st deadline. This positive rhetoric caused the pound to strengthen yesterday evening, and it is still strong this morning.

The Bank of England decided, as expected, to keep rates at 0.75% yesterday, although the committee members did reaffirm concerns over potential coming impacts of Brexit.

Talks between Washington and Beijing have resumed, with high-level talks expected in October. The markets will be watching closely for any signs of normalising of the trade situation.

Protect your money with a forward contract, which secures you today’s exchange rate unchanging for up to the next twelve months. Get started by speaking to your Personal Trader on 020 7898 0541 today.

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